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20121202
20121210
Search Results 0 to 8 of about 9 (some duplicates have been removed)
the fiscal cliff. right after the election wall street dropped 5% when everybody suddenly focused on the fiscal cliff and realized that this was a problem. but since then it's kind of bumped along at this sort of level. i don't think wall street is at all sanguine about the idea that if we went over the fiscal cliff, life would go on as we know it and everything would be fine. >> one of the things that was really interesting to me to bear out that point is ken conrad yesterday who's been so down, i mean, he's leaving the senate. he's done this for seven years. they can't produce deals. and yesterday when i interviewed him, joe, he said i think we're going to make this. i think the boehner offer had significant indicators that something here is going on, and they're going to come together. >> also, kent conrad, a guy -- i've loved him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to real
at that time. the republicans held a lot of the cards. this time it's very different. president came off the re-election. that's why you see the president holding the hard line. a lot of pressure on the president to hold his hard line even from his left. i think you'll continue to seat president do so. it's going to be up to the republicans to feel whether he has enough pressure, i think the white house is encouraged that some republicans have broken ranks and are starting to say let's look at other opportunities to maybe raise rates. >> we'll talk about the ultimate in breaking ranks if you will. molly, i want to ask you about the surprising resignation of tea party favorite jim demint. it seems kind of sudden. why now? >> everybody was surprised about this. but i seems in the aftermath of the election the republicans are still in the minority of the senate. demint was in the minority of the minority. that's not a very powerful place to be. demint always known as a bomb thrower, someone who liked to make trouble. he figured he's probably correct about this he could have more power and influence and be
well and they think the president won re-election for a reason. the speaker said this was a status quo election and the republicans still control the house of representatives. >> eamon javers thanks very much. let's talk some more about this republican counter offer and the white house reaction. we have democratic strategist-- okay. steve, i go to you because i read the white house reaction to this, and really all they talked about was raising the top tax rates. they had no other things to say, no commendations, no i want to work with you. steve, i know this stuff is not going to be perfect. there's going to be stuff in here that conservatives, supply siders myself won't like. but why does the white house have to obsess about higher tax rates to the exclusion of other parts like entitlement reform and spending cuts? why is this? >> larry, i don't think they are obsessed with higher tax rates they are obsessed with protecting the middle class. john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and
a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up, not ideological about how, but most of all, wanting a big $4 trillion package. and so they have become, in effect, allies of the president. they're really trying to get to the same place. at some point there may be differences over how much entitlements, how much this or that, but right now their interests are al
. >> an election is coming along and people made their choice. policy makers still have a duty to choose between ideas that work and those that don't. when one economic after another failed our working families, it is no answer to express compassion for them or create more government programs that offer promise and don't perform . we must come together and advance new strategies. our complicated and uncertain tax code is hindering the jobs. you can't open a business if your tax rate is too high or uncertain. i personally oppose the president's plan to raise taxes. [applause] listen, this is not about a pledge. it is not about protecting millionaires and billionaires. for me it is the fact that tax increases he wants would fail to make a small dent in the debt but it would hurt the middle class business and people who work for them. >> gretchen: this is what the campaign was about . people are sick i and tired of hearing the same talking points . people want to see actual tax reform. get the job done and the kick the can down the road is what we have done for the last four years. will president o
-sex marriage should be legal. 46% say illegal. and on election day, voters in three states approved same-sex marriage. "outfront," mckay coppins, tim carney and maria cardona, cnn contributor and democratic strategist. this is kind of big news in all of this. tim, you saw the polls. now the supreme court will get involved in this. should this signal something to the republican party? should they say it's reached this level, we need to rethink our position on this? >> polls are one thing. there's also the fact most states don't have gay marriage yet and most of those that do, it was not put in by the will of the people. i'm a marylander. we did -- our state did vote for gay marriage. most of them had to do with judges ruling. if the supreme court does for gay marriage what it did for abortion and roe v. wade and said, no, this is not in the hands of the people. we're going to say there's gay marriage, that would do a lot to fire up the republican base and could turn this issue on its head and it could become a big winner for republicans because they'd feel disenfranchised. >> what about t
Search Results 0 to 8 of about 9 (some duplicates have been removed)